Volvo Cars’ global sales up by 13.3 per cent in May

The US continued its good momentum in May, growing by .....

Volvo Cars’ sales momentum continued in May with global sales up 13.3 per cent compared with the same month last year, as the premium car maker grew in all its main markets.

In the first five months of 2018, sales grew by 13.6 per cent compared to the year before, to a total of 253,581 cars. Total sales in May reached 53,539 cars with Volvo’s SUV line-up and 90-series cars as the month’s main growth drivers.

The US continued its good momentum in May, growing by 50.6 per cent to 9,338 cars compared with the same month last year, led by a strong performance from Volvo’s SUV-line-up.

Sales in China, Volvo’s largest market, increased by 8.2 per cent following high demand for the locally produced XC60 and S90 models. Total sales for the month amounted to 10,582 cars.

In Europe, sales reached 25,395 cars in May, increasing by 1.7 per cent compared with May 2017 following good sales of the 90-series cars as well as the XC60 and XC40.

Retail sales status (deliveries to end customers) for Volvo Car Group is as follows:

May

January – May

2017

2018

Change

2017

2018

Change

Europe

24,982

25,395

1.7%

125,793

131,267

4.4%

China

9,779

10,582

8.2%

41,801

49,792

19.1%

US

6,202

9,338

50.6%

26,799

37,754

40.9%

Other

6,284

8,224

30.9%

28,897

34,768

20.3%

TOTAL

47,247

53,539

13.3%

223,290

253,581

13.6%

Globally, the new Volvo XC60 was the best-selling model in May with 16,171 cars sold (2017: 48), followed by the Volvo XC90 with 7,979 cars sold (6,647). The Volvo V40/V40 Cross Country was third with 5,844 sold cars (7,997). Sales figures by model can be found in the Sales Volumes section of the Global Newsroom.